How about the bribes? I heard it's difficult for an American to set up shop? Someting about local government officials?

Personally, I won't doing business in China. I did look into buying property there a few years ago, and it seemed impossible. I don't know why we let rich foreigners buy our (U.S.) realestate with a phone call, and money. You don't even need to be a citizen of this country in order to buy an apartment building in San Francisco. All you need is money, and a few phone calls. I'm not picking on the Chinese, I would like to see the U.S. all foreign realestate ownership, unless we can buy reciprocally. Hell, if I were king, I would outlaw REIT's, and limit realestate holdings to maybe a handful per Social security number? I feel a home is more than an investment, and community ties matters.

Got off topic, but rent is on my mind, and I don't like this kind of realestate spculation that's going around me. I'm seeing too many people being kicked out of their communities, while homes sit empty.

There's a ton of links about corruption in China, here's the first one of many-

http://www.businessinsider.com/china-corruption-in-business-...